In a stunning political masterstroke, President Donald Trump has secured a groundbreaking deal with tech giants Nvidia and AMD, forcing them to pay a 15% revenue share on high-end chip sales to China—a move that funnels millions directly into U.S. coffers. While the liberal media scrambles to downplay this win, even Trump’s fiercest critics, like billionaire Mark Cuban, are admitting the President has outplayed the Democrats at their own game.
Cuban, a longtime Trump detractor, took to X to mock progressive leaders like AOC, Bernie Sanders, Chuck Schumer, and Elizabeth Warren, pointing out that Trump achieved what they’ve only fantasized about: a corporate tax on America’s biggest tech firms.
Hey @AOC , @BernieSanders , @SenSchumer , @SenWarren , every Dem should be thanking @potus for doing what the Dems have dreamed of doing, but have NEVER been able to do, creating a sales tax on 2 of the biggest semi companies in the country ! This opens the door for Sales Tax…
— Mark Cuban (@mcuban) August 11, 2025
“Hey @AOC, @BernieSanders, @SenSchumer, @SenWarren, every Dem should be thanking @potus for doing what the Dems have dreamed of doing, but have NEVER been able to do, creating a sales tax on 2 of the biggest semi companies in the country!” Cuban wrote. “This opens the door for Sales Tax for export licenses on EVERYTHING!”
The irony is delicious. For years, Democrats have railed against “corporate greed” and demanded that billionaires “pay their fair share,” yet it took Trump to actually make it happen. Cuban even admitted:
“Potus is more progressive when it comes to taxation than anyone in the progressive wing of the Dems has ever been. The Dems should be celebrating just how progressive it is. The irony.”
But don’t expect CNN or MSNBC to give Trump credit. Instead, they’ll spin this as “authoritarian overreach” or “economic recklessness,” ignoring the fact that their progressive heroes have been begging for this kind of corporate accountability for years. The truth? Trump understands leverage better than the entire Democratic Party combined.
This is a “billionaire’s tax” structured as a royalty or sales tax on semiconductors from the most valuable company in the world, sold to China.
While it’s scary on a lot of levels to businesses and entrepreneurs, it’s what @aoc, @BernieSanders and @SenWarren should have… https://t.co/OrqgwLvduW
— Mark Cuban (@mcuban) August 11, 2025
“He took 15 pct of equity from a company. That is the ULTIMATE wealth tax. He diluted every shareholder, upfront, regardless of their net worth. Lol. A progressive dream!” Cuban added.
While the left fumes, Trump is proving once again that his business acumen delivers real results—something career politicians like Sanders and Warren could never replicate.
h/t: Steadfast and Loyal
